50 Charles Street Unit 3407, Toronto C08

Price: $995,000

3 bedrooms, 2 bathrooms

900 sqft

Property Type: Condo

MLS#: C13521360

Welcome to the superb Casa III building offering a luxurious apartment with dedicated parking. Located in one of downtown Toronto's most vibrant neighbourhoods in the Bloor & Yonge area and walking distance to Yorkville. Spacious Sun-Filled Luxury 2 Br+Den+2 Baths, Generous open plan Stainless steel appliances. Principal bedroom with Ensuite and double closets. High ceilings with floor to ceiling windows. Minutes to subway, fine shopping and dining. Condo amenities include Gym & Yoga room, Roof Top Lounge & BBQ area, Outdoor Pool, Party Room, Meeting room and Dining Lounge. One parking space included.

50 Charles Street Unit 3407 - Condo photo 1 of 11 in Regent Park / Cabbagetown / St. James Town, Ontario
50 Charles Street Unit 3407 - Condo photo 2 of 11 in Regent Park / Cabbagetown / St. James Town, Ontario
50 Charles Street Unit 3407 - Condo photo 3 of 11 in Regent Park / Cabbagetown / St. James Town, Ontario
50 Charles Street Unit 3407 - Condo photo 4 of 11 in Regent Park / Cabbagetown / St. James Town, Ontario
50 Charles Street Unit 3407 - Condo photo 5 of 11 in Regent Park / Cabbagetown / St. James Town, Ontario
50 Charles Street Unit 3407 - Condo photo 6 of 11 in Regent Park / Cabbagetown / St. James Town, Ontario
50 Charles Street Unit 3407 - Condo photo 7 of 11 in Regent Park / Cabbagetown / St. James Town, Ontario
50 Charles Street Unit 3407 - Condo photo 8 of 11 in Regent Park / Cabbagetown / St. James Town, Ontario
50 Charles Street Unit 3407 - Condo photo 9 of 11 in Regent Park / Cabbagetown / St. James Town, Ontario
50 Charles Street Unit 3407 - Condo photo 10 of 11 in Regent Park / Cabbagetown / St. James Town, Ontario
50 Charles Street Unit 3407 - Condo photo 11 of 11 in Regent Park / Cabbagetown / St. James Town, Ontario
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New Listing
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$995,000 - 50 Charles Street Unit 3407, Cabbagetown

Condo for Sale in Cabbagetown

New — Listed 2 days ago

Neighbourhood: Church-Yonge Corridor

3Beds
2Baths
900Sq Ft
Condo
Property Details
MLS Number
C13521360
Property Type
Condo
Status
active
Days on Site
2
Bedrooms
3
Bathrooms
2
Square Feet
900 sqft
Neighbourhood
Regent Park / Cabbagetown / St. James Town
Locker
None
Exposure
West
Balcony
Open
Listing Brokerage
RE/MAX REALTRON BARRY COHEN HOMES INC.
Description

Welcome to the superb Casa III building offering a luxurious apartment with dedicated parking. Located in one of downtown Toronto's most vibrant neighbourhoods in the Bloor & Yonge area and walking distance to Yorkville. Spacious Sun-Filled Luxury 2 Br+Den+2 Baths, Generous open plan Stainless steel appliances. Principal bedroom with Ensuite and double closets. High ceilings with floor to ceiling windows. Minutes to subway, fine shopping and dining. Condo amenities include Gym & Yoga room, Roof Top Lounge & BBQ area, Outdoor Pool, Party Room, Meeting room and Dining Lounge. One parking space included.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$5,104.87/mo

Includes CMHC insurance ($27,761)

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5-yr fixed avg.

Principal: $895,500Interest: $608,199
Mortgage Amount$923,261
Total Interest$608,199
Est. Property Tax$705/mo
Total Cost$1,531,460

Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.

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Neighbourhood Guide: Church-Yonge Corridor

Discover Church-Yonge Corridor

Church-Yonge Corridor is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.

Why Live in Church-Yonge Corridor

  • Convenient location in Regent Park / Cabbagetown / St. James Town
  • Access to local shops and dining
  • Good public transit connections
  • Community parks and green spaces
  • Well-maintained neighbourhoods

Nearby Schools

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

Transit & Commuting

  • MiWay bus routes throughout the area
  • GO Transit stations within driving distance
  • Easy highway access to 401/403/QEW
  • Walking distance to local amenities

Parks & Amenities

  • Local parks and recreational facilities
  • Community centres
  • Shopping plazas nearby
  • Restaurants and cafes

Lifestyle & Community

Church-Yonge Corridor offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.

70
Walk Score
Varies
Price Range

50 Charles Street Unit 3407, Regent Park / Cabbagetown / St. James Town

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,680/mo
Range: $2,278 - $3,082
Cap Rate (ROI)
1.4%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$2,680
Maintenance Fees-$585
Property Tax (est.)-$705
Insurance (est.)-$207
Net Cash Flow+$1,183

Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.

Joe Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Fair Market Value

At $1106/sqft, this property is priced in line with current Cabbagetown market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.

Just Listed - Act Strategically

This property hit the market within the last week. In Cabbagetown's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.

Condo Considerations

For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.

Efficient Living

At 900 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.

Starter Home Potential

3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.

About Church-Yonge Corridor

I know Church-Yonge Corridor well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.

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    50 Charles Street Unit 3407 | $995,000 | Battaglia Team